Advanced Digitalization — The 3rd Critical Element of Supply Chain 5.0

Prateek Jain and Mabel C. Chou

Chapter 3 in Supply Chain 5.0:The Next Generation of Business Success Through Customer Centricity, Sustainability & Human Rights and Digitalization, 2023, pp 65-247 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Welcome to the third element of Supply Chain 5.0, where weexplore the cutting-edge technologies revolutionizing the supplychain industry. In this chapter, we dive into Advanced Digitalization, which includes a groundbreaking array of technologies such as Big Data, AI, Blockchain, Metaverse, and Cybersecurity. These innovative technologies play a vital role not just in improving decision-making and efficiencies, but also in ensuring transparency, trust, and confidence among business partners and consumers…

Keywords: Supply Chain #Supplychain; Supply Chain 5.0 #Supplychain5.0; Customer Centric #Customercentric; Digitization of Supply Chain #Digitizationsupplychain; Sustainability & Human Rights #Sustainability; Procurement #Procurement; Blockchain #Blockchain; AI #AI; Supply Chain 4.0 #Supplychain4.0; Cybersecurity #Cybersecurity; Supply Chain Agility #Supplychainagility; Supply Chain Resilience #Supplychainresilience; Metaverse #Metaverse; Healthcare Supply Chain #Healthcaresupplychain; Cold Supply Chain #Coldsupplychain; Supply Chain Management #Supplychainmanagement; Smart Logistics #Smartlogistics; Predictive Analytics #Predictiveanalytics; Internet of Things (IoT) #IoT; Real-Time Tracking #Realtimetracking; Circular Economy #Circulareconomy; Reverse logistics #Reverselogistics; Lean Management #Leanmanagement; Green Supply Chain #Greensupplychain; Risk Management #Riskmanagement; Just-in-Time (JIT) #JIT; Continuous Improvement #Continuousimprovement; E-commerce Logistics #Ecommercelogistics; Collaborative Supply Chain #Collaborativesupplychain; Quantum Computing #Quantumcomputing; Cloud computing #Cloudcomputing; Digital Twin #Digitaltwin; Autonomous Vehicles #Autonomousvehicles; Robotics #Robotics; Augmented Reality (AR) #AR; Virtual Reality (VR) #VR; Lean Manufacturing #LeanManufacturing; Quality Management #Qualitymanagement; Risk Management #Riskmanagement; Supply Chain Compliance #Supplychaincompliance; Demand Planning #Demandplanning; Inventory Optimization #Inventoryoptimization; Supplier Collaboration #Suppliercollaboration; Continuous Improvement #Continuousimprovement; Cloud Computing in Supply Chain #Cloudcomputing; Reverse Logistics #Reverselogistics; Demand Planning #Demandplanning; Capacity Planning #Capacityplanning; Warehouse Management #Warehousemanagement; Transportation Management #Transportationmanagement; Supplier Diversity #Supplierdiversity; Reshoring #Reshoring; Outsourcing #Outsourcing; Big Data Analytics #Bigdata; Machine Learning #Machinelearning; Just-in-Time (JIT) Manufacturing #JIT; Total Quality Management (TQM) #TQM; Supply Planning #SupplyPlanning; Replenishment Planning #ReplenishmentPlanning; CPFR #CPFR; Supply Chain Risk Management #Supplychainriskmanagement; Business Partnership #Businesspartnership; Technology Innovations #Technologyinnovation (search for similar items in EconPapers)
JEL-codes: M1 O33 (search for similar items in EconPapers)
Date: 2023
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